Sunday, September 14

Tag: Technology

Elon Musk just lost his title as world’s richest person

Elon Musk has lost his title of "world's richest person" to Oracle co-founder Larry Ellison. Ellison's wealth jumped by $US101 billion ($152 billion) to $US393 billion ($594 billion) after Oracle's stunningly strong earnings report this week, surpassing Musk's net worth of $US385 billion, according to Bloomberg. Oracle (ORCL) reported surging demand for its data centre capacity from AI customers, launching the stock into the stratosphere. Shares gained 36 per cent on Wednesday, which was the stock's biggest single-day gain since 1992. Elon Musk is no longer the richest person in the world. (AP Photo/Matt Rourke) (AP) Chief executive Safra Catz announced on Tuesday after the stock market closed that Oracle signed four multibillion-dollar contracts with customers duri...

Irish privacy watchdog investigates Elon Musk’s X’s use of personal data to train Grok AI chatbot

Ireland's data privacy watchdog said on Friday it's investigating Elon Musk's social media platform X over its use of personal data to train his artificial intelligence chatbot Grok. The Data Protection Commission said it has opened an inquiry into "the processing of personal data comprised in publicly-accessible posts" that European users posted on X. "The purpose of this inquiry is to determine whether this personal data was lawfully processed in order to train the Grok LLMs" under the bloc's data privacy law, the commission said in a statement posted online. Ireland's data privacy watchdog said on Friday it's investigating Elon Musk's social media platform X over its use of personal data to train his artificial intelligence chatbot Grok. (AP Photo/Noah Berger)...

Elon Musk lashes out after top gaming commentator accuses him of cheating

Elon Musk has lashed out at a prominent YouTuber and gaming commentator after he accused the billionaire of cheating at video games. Earlier this week, content creator Zack Hoyt, better known as Asmongold, accused Musk of having other people play games under his name to boost his public rankings. Hoyt, among other gamers, thought it would be impossible for Musk to reach level 97 on Path of Exile 2 while running several companies. Elon Musk posted screenshots of DMs sent between himself and Asmongold. (AP) In the videos Musk has streamed of himself playing Path of Exile 2, gamers have noted he didn't seem anywhere near good enough at the game to reach that high ranking. "I'm completely convinced he didn't play the character," Asmongold said in his YouTube channe...
Europe reaches a deal on the world’s first comprehensive AI rules

Europe reaches a deal on the world’s first comprehensive AI rules

European Union negotiators clinched a deal today on the world's first comprehensive artificial intelligence rules, paving the way for legal oversight of technology used in popular generative AI services like ChatGPT that has promised to transform everyday life and spurred warnings of existential dangers to humanity. Negotiators from the European Parliament and the bloc's 27 member countries overcame big differences on controversial points including generative AI and police use of facial recognition surveillance to sign a tentative political agreement for the Artificial Intelligence Act. "Deal!" tweeted European Commissioner Thierry Breton, just before midnight. "The EU becomes the very first continent to set clear rules for the use of AI." The OpenAI logo is displayed on a c...
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